Wednesday, April 26, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Verizon's Latest Unlimited Data Plan Costs $80
LG Display Posts Record Earnings on OLED TV Sales
Google co-founder Sergey Brin Is Building Airship
Uber Faces New Setback In South Korea
Uber Takes to The Skies With Flying Taxis by 2020
ARM Introduces Image Signal Processor Targeted At ADAS
Huawei Regains Smartphone Lead in China: Canalys
Xiaomi Launches Intelligent Sneakers Powered By Intel Curie Chip
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Faceboo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 25, 2013
Facebook 2Q Results Beat Estimates


Facebook on Wednesday posted higher revenue from mobile ads and delivered a healthy second-quarter profit that reversed a loss in the same period a year ago.

The social network also reported an increasement in daily visitors to its service. Its daily active users were 699 million on average for June 2013, an increase of 27% year- over-year. Monthly active users were 1.15 billion as of June 30, 2013, an increase of 21% year-over-year. Mobile monthly active users were 819 million as of June 30, 2013, an increase of 51% year-over-year.

Sales for the quarter ended June 30 were US$1.81 billion, up 53 percent compared to $1.18 billion during the same period last year.

The company's advertising revenue was $1.6 billion, representing 88 percent of total revenue, the company reported, and a 61 percent increase from the same quarter last year. Mobile advertising revenue represented approximately 41% of advertising revenue for the second quarter of 2013.

The company posted profits, meanwhile, of $333 million, at $0.13 per share, compared to a net loss of $157 million for the second quarter of 2012, at $0.08 a share.

"We've made good progress growing our community, deepening engagement and delivering strong financial results, especially on mobile," said Mark Zuckerberg, Facebook founder and CEO. "The work we've done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future."


Previous
Next
Panasonic DMC-FZ70 Lumix camera Has A 60X optical Zoom        All News        ASUS Launches First Motherboards for AMD FM2+ APUs
Europe Accepts Commitments From Penguin in e-books Market     General Computing News      Michael Dell Ups Takeover Bid

Get RSS feed Easy Print E-Mail this Message

Related News
Facebook to Display Related Articles Before You Read The News
Facebook Releases Two New Surround 360 Video Cameras, Futuristic projects Focused On Silent Speech Communications
Facebook Outlines Its Strategy for Augmented Reality At F8 2017
Facebook Is Launching Group Payments in Messenger
Facebook's Mobile Assistant M Now Offers Suggestions For Chatting
Facebook To Educate Users Identify Fake News
Facebook To Protect Intimate Images
Facebook To Add More Wifi Hotspots In Africa
Facebook Attacks Snapchat With New Camera Features
Facebook's Messenger App Will Expose Your Location For An Hour
Facebook Introduces Message Reactions and Mentions For Messenger
Now You Can Go Live On Facebook From Your Computer

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .